Town of Dover Home Prices & Values

$923,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.8% 1-year change
  • -1.1% 1-year forecast

The median home value in Town of Dover is $923,100. Town of Dover home values have gone up 2.8% over the past year and Zillow predicts they will fall -1.1% within the next year. The median list price per square foot in Town of Dover is $307, which is higher than the Boston Metro average of $227. The median price of homes currently listed in Town of Dover is $1,275,000 while the median price of homes that sold is $857,000. The median rent price in Town of Dover is $3,400, which is higher than the Boston Metro median of $2,300.

Foreclosures will be a factor impacting home values in the next several years. In Town of Dover 3.0 homes are foreclosed (per 10,000). This is lower than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Dover is 4.8%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Dover homeowners underwater on their mortgage is 2.7%, which is lower than Boston Metro at 10.6%.

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Relative ZHVI
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Town of Dover Market Overview

Data through Jul 31, 2014
  • $923,100 ZHVI
  • -1.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $1,275,000 Median listing price
  • $857,000 Median sale price (Jun 30, 2014)
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Town of Dover Market Health

Data through Jul 31, 2014
  • 3.7/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 2.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Wellesley $1,074,800 Needham $756,500 Sherborn $733,600
Westwood $621,000 Town of Medfield $563,000 Natick $443,800
Town of Walpole $406,600 Norwood $385,500 Millis $352,900

Listings & Sales

Data through Jul 31, 2014
  • $307 Median list price / sq ft
  • $259 Median sale price / sq ft (Jun 30, 2014)
  • 37.3% Listings with price cut
11.8%
Sold below listing
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Town of Dover Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$3,148 Town of Dover
$2,091 Boston Metro
$1,318 United States
  • 6.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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